ST Alpha - "God, this reminds me of so many law school discussions. The University of Chicago was (and probably still is) the hub of the law and economics theory" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 156

In response to "here -- (link)" by Reagen

God, this reminds me of so many law school discussions. The University of Chicago was (and probably still is) the hub of the law and economics theory

Posted by pmb (aka pmb) Dec 29 '20, 15:54

Everything was essentially economics based and it would cause behaviors that obviated the need for government interference. But I always argued that it was (a) backwards looking to explain past changes but much less effective forward looking because of the difference in available information, and (b) assumes, like most economics arguments, completely rational behavior, which rarely occurs consistently without rules and regulations that limit irrational behavior. Fortunately, while they never agreed with me, they did like a debate, so it didn't hurt me.

Responses:

if there's one common thread through history it's that humans are completely rational robots that always act in their best self-interest. -- nm - Reagen Dec 29, 15:55 1
- One of my favorite arguments on this (which is actually a big case in my field) was a decision written by Richard Posner (a professor at my school and -- (edited) - pmb Dec 29, 16:07

Post a message top

God, this reminds me of so many law school discussions. The University of Chicago was (and probably still is) the hub of the law and economics theory

Replies are disabled on threads older than 7 days.